Thrive Mighty
- Assets
- $16.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 08/2018
- Data as of
- 12/2023
- EIN
- 82-2796506
Organization Overview
Thrive Mighty is located in Minneapolis, MN. The organization was established in 2018. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thrive Mighty is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Thrive Mighty generated $16.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (26.6%) each year. All expenses for the organization totaled $26.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin Swarts Executive Director | 20 | $18,000 | |
Nell Coonen-Korte Secretary-Treasurer | 0.5 | $0 | |
Ellen Pearson Board Member | 0.25 | $0 | |
Aaron Amundson Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,073 |
| Total Program Service Revenue | $13,953 |
| Membership dues | $0 |
| Investment income | $42 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,068 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,398 |
| Professional fees and other payments to independent contractors | $650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,814 |
| Total expenses | $26,862 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,518 |
| Other assets | $0 |
| Total assets | $16,518 |
| Total liabilities | $637 |
| Net assets or fund balances | $15,881 |